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FOX Business
Feb 14, 2013 8:00pm EST
the economy or the environment? how would you describe it? >> less about the environment and more about the value you create when you combine airline networks, there was no better tune in our viewer for our shareholders than to enter into this merger. this creates the value. this will create a billion dollar a year in synergy, that goes to the shareholders. >> from our perspective, you know at american we have completed what is most successful restructuring in airline industry, because we have done that we were able to negotiate a deal with doug that was very sensible and in fact means that the owners of american will own 72% of the newly merged enterprise. neil: finally, your view of the economy right now, and notion that president and state of union address other night that things are getting better. that, is back. markets are storming back. and that in this environment, there is more room for the government to spend, more room for companies to look forward to what he has to offer, do you share that view? >> i've leave out the political view on government spending but as it relates to
FOX Business
Feb 15, 2013 8:00pm EST
in an environment where taxes are going up a lot, why are we back to the deals with the likes of which we haven't seen since those lazy and hazy, much lower tax rate of 2005? well, it could be that companies simply have no else where else to put their cash or maybe it is all part of a big bunker mentality. too risky to start something new. so they are just buying out arrival or two in their own business. the deals are back. usually that is good for investors. but before the president takes a bow and since christmas, maybe you should take note that these guys are spending all this money, not as an endorsement, maybe as a defense against it. the real story behind all of this, we have matt schuett. what is going on? >> well, there's a lot of cash out there. not returning anything. borrowing costs are very low. stocks are pretty cheap. we have an environment where growth is slow. it is tough to grow. so you think about doing it in organically rather than organically. people are willing to step out with a little bit more confidence to do some of these deals. this is the beginning and we hope to do m
FOX Business
Feb 11, 2013 8:00pm EST
with competitive tax regime, and business friendly environment, and regulatory environment on top of tax structure is something that also is bedevils for businesses, if you can streamline, that they have been in texas, have you a competitive environment, and california will have to beware of those incursions. neil: it does not appear that governor brown in california is too worried, the much closer threat to him is nevada, you could hop across the border. if you have a choice paying 13%, versus zero in nevada, you would go to nevada. what do you think is going on with republicans, they look like their party about tax cuts, and little else, that, despite the press it gets governor perry doing something here that catches some people's attention, it -- republicans don't seem to be offering much new, what do you say? >> here is what people in california are going to say about you know an overture from texas, i know i have been through this many times, trying to win over investments from outside, they will say how are your schools, as republicans we need to be able to talk about education reform, and w
FOX Business
Feb 17, 2013 2:30am EST
say that the xl pipeline is not green. it will cause a lot of problems with the environment and they're worried about global warming. look at a cover from april of 1975, time cover that says, how to survive the coming ice age. if you lookdown, there is a story on mash in there. science on global warming has been debunked time and time again, has it not? >> yes it has. but eric, i'm not smart enough to understand it. i'm happy i'm on the cover of time. i have no idea what -- i don't think anybody really can scientifically say definitely one way or the other. but that's not the point. i think the point is this oil is going to go somewhere else. it doesn't matter. so for the environment, it's going to hurt the world environment regardless because the chinese are going to shmutz the world just as much as anybody else. >> we'll leave it there. thank you so sandra smith and julie for joining us this week. >> thanks. >> coming up, notice a runup lately in your 401(k)? now some lawmakers are looking to get their greedy little hands on it. tracy tells you how to protect yourself from those gr
FOX Business
Feb 15, 2013 11:00pm EST
. not returning anything. borrowing costs are very ow. stocks are pretty cheap. we have an environment where growth is slow. it is tough to grow. so you think about doing it in organically rather than organically. people are willing to step out with a little bit more confidence to do some of these deals. this is the beginning and we hope to do more. neil: if you are barack oama, you will look at the sensei of wall street has a problem with me, it has a funny way of showing . what do you make of that? >> yes, i am sure. i am plenty convinced that president obama and his team will try to take full credit for this. inflation was not taken into account during neocommunist that i can't help but look at the situation with all these announced mergers and think what it could be that president obama and his team realized that they can't get to their spending nirvana without getting this economy growing. and the economy is hobbling along, even if slow runners can across the finish line. neil: we may be back to levels of the market where we were five years ago. but it has been a steady climb back to wo
FOX Business
Feb 14, 2013 1:00pm EST
in the future saying this is a low growth environment. the new norm. as a result, they are all competing for the same market share, which typically, leads to pricing pressure. there's not a bigger pie growing. it's, rather, how do we slice up the pie today. >> spreeing to hear in light of the fact that the stock market is back to historic highs, but that's driven by profits of companies saying they may not have the leverage any longer. interesting to see they feel slower growth in the brick countries, but hope coming from beyond that. >> yeah, uh-huh. this year, the brick countries historically slowed down a little. you have optimism from china in the last six months, but they are moving into the next generation being a malaysia, indonesia, africa, turkey, and the like. corporates focus on that rise in consumer for opportunities to diversify the revenue stream and go after the growth. >> fascinating. look at the consumer at home and what's going on here and holding back, they are worried about the impact of higher taxes on the consumer. 77% of the american population saw the paycheck shr
FOX Business
Feb 12, 2013 6:00pm EST
schools are not following the rules. and the report shows solar panels to as much harm to the environment as good. ♪ this they didn't take a dime. how much in feesoes your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. you know it even after all these years. but your erectile dysfunction - you know,that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needingo go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immediate medical
FOX Business
Feb 11, 2013 4:00pm EST
too in a negative real interest rate environment but we are a little bit more underweight this year than we were last year just because we think the risk of economic global calamity is certainly less than it was at this time last year. so don't see gold as strong as it was last year. david: kevin, this is what i don't understand about the current market. a lot of people say it is not going to be growing this year as much as it was last year. last year we had all the uncertainty. uncertainty about europe. uncertainty who would get elected in the state. uncertainty if the president was reelected what would happen with taxes. we have a lot of uncertainty nailed down or more or less so. we still have questions about the debt, et cetera. with more certainty now why isn't the market set to increase as much this year as it did last year? >> well, when you get, when you have more risk you have more reward, right? when you have more certainty, certainty l certainly we've seen a rally on that. but we would be surprised we saw the returns for 2013 like we did in 2012 because there was more unc
FOX Business
Feb 13, 2013 9:20am EST
for the government to tell business you will pay that guy that amount of money. >> i think it is in this environment we need some change and people, again, if you had to look at the bigger picture which i think that everybody is looking at microscopic approaches to thing. we have an economy that's suffering, a deficit. an entitlement program that's in big trouble and getting people off of poverty you have to pay them more, no one is making $9, $18,000 a year, how do you expect people to live on 14,000 a year. stuart: don't expect them to live on that, that's what the minimum wage is for, for people fresh out of high school, getting their very, very first job. not for guys in their 40's and 50's. >> and people coming out of high school don't have to worry about getting a first job because with obamacare and-- >> and haven't got a job, they haven't got a job because of this economic policy. i've got to go. nicole, we are on all time high watch for the dow. we open a bit lower and now we're up a bit. >> i'm going to graduate you because you talked and talked and talked until the dow is back in the gree
FOX Business
Feb 14, 2013 12:00am EST
change last night. with so much on his plate, clean energy and the environment be so high on the list? is the president overstepping hi bounds on this issue? here with more on this, blue dog democrat congressman kurt schrader. welcome back to the show. what do you think about that idea? we have so many problems right now? you know we have this unemployment, so many people out of work. house being market, problems with small business. >> yep. melissa: there's a lot of things to work on. how did you feel about this being so high on the list? >> well, i'm glad it was further down in the speech and he led off with jobs and the economy and dealing with our fiscal deficit picture. but, i really bristle at the idea he will unilaterally as one member, one branch of government dictate to the other two branches more importantly dictate to the house and senate, that constitutionally you're supposed to make laws, new laws. that is not right and that is just not going to happen. melissa: do you think that will fly? this isn't the first time he talks about the executive order. this seems like a new
FOX Business
Feb 12, 2013 11:00am EST
that are better places to the entrepreneurs and others. >> we need to provide an environment that says we want you to do good business and create jobs but also going to support u.s. people in your own personal agendas to help your community and nation and someone. connell: what are you doing? >> united nations foundation made a commitment to entrepreneurs to help them stepped into not only their business but their philanthropy and using their technology and innovation to help solve global problems. connell: where are you making the most progress? are there surprising results? people would say go to the united states go to silicon valley there are plenty of entrepreneurs but are there other places where it is surprisingly you are seeing strong growth in entrepreneurs? >> in the development space is interesting, not just charity anymore but i am going to create some innovations that might save lives. if you look at malaria deaths have been cut in half in 11 countries in the last five years that is the cause technology of the long-lasting, entrepreneur created. connell: not just people throwing money
FOX Business
Feb 15, 2013 1:00pm EST
to believe them. melissa: how do you pick your bets in this environment? do you buy the index? do you buy etf? do you buy real estate? >> i like etf's. you know that. the symbol is rfp. it says if it is a broadening, rising market, you want to get into the goal weight etf's. you want to get the equal movement. melissa: david kotok, thank you so much for coming on. lori: senate democrats are offering an alternative plan. republicans already saying it does not stand a chance. here is rich and sends in washington with the latest. rich: congress settle taxes earlier this year. they are offering a minimum 30% effective tax rate for income for more than a million dollars. cutting spending on the military that appears to drop anyway. ending direct farm subsidies. the white house approves saying republicans in congress face a simple choice. do they protect investments and health care or do they continue to prioritize and protect tax loopholes that benefit the very few? republicans are waiting for the senate to vote first. >> when the senate passes a plan, we will be happy to take a look at it. until
FOX Business
Feb 18, 2013 9:20am EST
and gold is going to do well in that environment, unfortunately the u.s. will suffer. stuart: we appreciate you being on the show and come again soon. >> thank you, sir. stuart: president obama and tiger woods teed up. and the tax refugee, who he is. the media did not have access to the outing if you're looking for video or pictures, they are not available, but the president golfed with tiger and that tiger woods story brings us nicely to the next subject, hiding assets during a divorce. attorney phillip siegel is with us, welcome back to the program. you deal with high-end people, they hide assets during a divorce that confuses the other people. i've got that. bring it down to earth for me. most of our viewers are not super high-end, super wealthy, they're in the middle ground. bring it down to earth. how do ordinary people hide -passets from their former partr in a divorce? >> well, it's important to say that studies show that while married, about half the people, half the people conceal financial transactions and don't tell the full truth. stuart: ooh, phillip siegel now you're touching
FOX Business
Feb 13, 2013 4:00pm EST
it can be an issue because it can cause an artificial barrier and can hurt the jobs environment. we would recommend that the administration focus on creating jobs. that will create demand for people and that will create a natural wage increase. look, the reality most markets minimum wage is irrelevant. you're paying people well above that. but it is a scenario we think the focus should be on job creation first and you will get demand for folks and that will raise wages for folks. liz: talk about expansions plans here in the u.s. and europe. you're building up all kinds of properties including a couple here in new york and these are high-end or upper scale hotels, correct? >> higher scale. liz: you only do that when you believe an economy is coming back. >> we do. barring something unforeseen that will set us going backwards from washington which we do not think we will we get, we think the hotel business will be in sight for a stronger run. not a lot of hotels coming on for 14 or 15. that should be a four or five-year good run. we'll start with the wind at your back. we hope for great thi
FOX Business
Feb 17, 2013 2:00am EST
environment then. we didn't have public sector unions. we didn't have all these regulatory barriers. the problem is that the things that rick talks about are so much more expensive when administered by the government than they would be by the private sector. >> you got ten seconds, wrap it up. >> working today! it's 20 and. it's working now. it's -- >> no it's not. >> it's also working in flint, michigan, this exact program. it's bringing business in. doing all the things you like. >> we got to wrap it up at that. coming up, mountain dew. lead paint poisoning affects one million children today. it's also 100% preventable. if your home was built before 1978, visit leadfreekids.org to learn more.
FOX Business
Feb 13, 2013 1:00pm EST
in a deleveraging environment. many of the plans have yet to be put in place. we're definitely making progress. the markets should generally be moving higher but moving to fast to far on a near-term basis can cause some weakness and some pullback on the near-term basis. so we've been very much a advocate of kind of a cautiously constructive of positioning for portfolios for investors as a whole. not hiding in cash and treasurys but not necessarily jumping up and down on every stock we see. ashley: what fits the bill when you're cautiously optimistic and you kind of want to hedge your bets a little bit? >> what this means, we're trying to take selective risks. we're taking risks. we want clients to take risks. it is not hide under the covers and just own cash. but taking selective risks means you're not taking blind equity risk. that means buying some credit risk. high yield bonds. bank loans. international emerging marketing market debt. all these of those are attractive opportunities right now on a long-term basis. within equities, find your protection there. actually be more defensive in equ
FOX Business
Feb 14, 2013 11:00am EST
significantly, down 7.3%, at $13.16 a share. talking about their environment, obviously, there's a tough environment trying to sell old-school books and compete with amazon. you talk e-readers, and that's putting them under pressure today and the nook. talk about the nook and outlook, they talk about a loss for 2013, more than expected, more than of a loss than they thought, and as a result, the stock is tanking. back to you. >> thank you very much, nicole. leapfrog jumping ahead. profit up 90% year over year, and sales rising 16% in the fourth quarter could be a 28% pop in full year revenue. john bash -- john barber, the ceo, you had earnings, down 20% in six months. what's wrong with the picture? >> well, it's actually 70% in 12 months -- >> you joined the company, i believe? >> two years ago. we had four of the top ten selling products last year. i'm a holder of leap frog and excited. i believe the market will have the opportunity in the near future. >> the company came up with the first leap pad, in i think, 1999 or so, surprised they didn't have the ipad, coasted on your coat tails,
FOX Business
Feb 15, 2013 9:20am EST
countries towards lower tax environments, i mean, is that a generally, a trend that you've observed? >> yes, absolutely. i mean, you even need to look at celebrities or the likes of phil mickenson said he's moving to florida because of tax rates. stuart: hold on a second. did he announce that he is leaving california or did he-- >> i believe i heard -- well, maybe he's just thinking of it. i'm not sure i don't want to be the one to break that scoop, but i heard-- i certainly heard that you know, he was considering it and a number of the big golfers are based out of florida for similar reasons and obviously the great golf courses, but, and you know, we do see that trend, absolutely. stuart: all right. lisa, thanks very much for joining us. i can can see florida attractive. back drop to your shot is an oxana palm tree. come to see us soon. >> thank you. stuart: and 9:48. gold report. barely above 1600 an ounce. okay, we're down today. the pagans losers at it again. this time here at home. wiccan and pagans holidays treated just like christmas at one university here in america. find out which
FOX Business
Feb 18, 2013 11:00am EST
't is because what they say in that article was untrue, but those statements hurt this company in an environment an in an industry that are sensitivity. dennis: david, we have to move faster. 95% of the workers were not at the company when the union vote happened 20 years ago. now, what gives the union the right to come in 20 years later saying, hey, we're your representative? >> the union's position essentially is that it is certified until desert mid, -- decertify, and until they are desert my by a vote of the workers, than can continue to represent the workers even to the election was more than two decades ago. dennis: must be nice. we ran a screen showing they treat workers well, pay $10 an hour, give scholarships to the children, and the ufw is dying on the vine, 20,000 members in 2000, and now fewer than 5,000. is this a bid by the united farm workers to double or triple the size because they are up to 12,000 employees at peak harvest season. >> well, when you count both direct hires and contractors, that's the right number, about 12,000. the consequences of imposing agreements on workers
FOX Business
Feb 11, 2013 6:00pm EST
coming, obamacare, environment. >> the unpleasant parts of obamacare. the goodies they did up front, the stuff that will make you wait longer in line to get health care, make you wait longer in line, to go to your own doctor, or to emergency room, and all of our rates are insurance rates are going to go up,. gerri: you won't get the doctor that you want or a doctor at all, grover thank you for coming in, great to see you on set, thank you. >> good to be with you. gerri: the speaks are not just about laying out a president's agenda before congress, and american team, it is about politics made more unifour -- infuriating ridiculous standing ovations that go on and on. one of those things that bothered kate hutcheson on her time in capitol hill. >> one of the best i thinks is not sitting in that room, and either standing up and collapse every 15 seconds or sitting on your hand for the while thing, i wish so much we would have a moratorium on standing and let everyone listen like the people outside of the country are, i think it would be so much better. gerri: we want to know what you t
FOX Business
Feb 11, 2013 9:00pm EST
, of the environment. >> the good part of dade.up front that will make you wait longer in line to go to your own doctor or the emergency room and all insurance rates will go up. gerri: you cannot even get a doctor today. great to see you on set. edges are not just about wing of the agenda but it is about politics made all the more infuriatingly with those standing ovations going on and on that is one of the things that bothered kay bailey hutcheson. >> one of the best things about not being in the senate anymore is not having to sit in that room and stand up and clap every 15 seconds or senator hands i wish we had a moratorium -- moratorium and elect a buddy listen like the people around the country. gerri: what do think? should this innovation be banned? log on and vote will share the results of the news this show. problem makes it launder but tonight stop by if the longest televised state of the union. number five, and gerald ford around 45 minutes on average so august 1976, 50 minutes. number four, george to be bush on average 53 minutes of the 2003 just messed the one hour mark by 22 seconds member
FOX Business
Feb 13, 2013 7:00pm EST
is the ranking member of the arms services committee, member on the committee of environment and public works as well, and, senator, good to have you with us. you and senator reid, the majority leader, failing to come to terms on a whole, collins withdrawing her vote, and we have a 60-vote threshold for the first time ever. is that what you wanted? >> well, first of all, i hope you are right, lou, because the last time i heard, senator collins was going to support senator hagel. if you are right, that makes a difference in where we are today. i want to correct something that you said, of course, you were quoting senator reid. this is not the first time in history this has happened. it happens all the time. on the floor today in the senate, i talked about kathleen sebelius. she did it, the same exact thing happened, and when harry reid, back on the republican side, he -- one of them that he demanded to have a 60-vote threshold. john bryson, secretary of commerce, he was required to have a 60-vote. this is not a bill buster, but saying you have to file cloture in order to get this on the floor
FOX Business
Feb 11, 2013 9:20am EST
in quiet and noisy environments because of how it works with your ear's own anatomy. (testimonial section) (testimonial section) (testimonial section) (testimonial section) (testimonial section) did you know, 94% of people who use lyric would recommend lyric to a friend or loved one. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call or visit trylyric.com for a risk--free 30--day tri offer. you'll also get a free informational dvd and brochure. why wait? hear today what a little lyric can do for you. get the hearing aid that can. lyric from phonak. lyric can. stuart: we've been trying to get to the truth on the polar bear issue here on varney & company. millions and millions of dollars are donated to save them. coca-cola brought in 2 million to its own save the polar bear fund. the natural resources defense council says polar bears are going extinct. here's what the nrdc told us about this last week: >> president george w. bush listed polar bears as threatened, but he did it for a good reason. this is about ice, arctic sea ice. polar bears n
FOX Business
Feb 11, 2013 11:00am EST
, if you ask me. he will talk about the environment, green energy products. that is his infrastructure plan. david: windmill power is more offensive now than 30 years ago we began spending tens of billions of dollars on it so has government spending helped us to get more energy for wind? the answer is no. natural gas, oil, those things have helped but those things are against the policies. dennis: david asman, thank you very much. join tomorrow night at 10:00 eastern time for television's best coverage of the state of the union. dennis: and the blizzard of 2013, spike in heating oil prices. last week, where are they headed now? phil flynn with those details. cheryl: one more argument for solar power. a guest to give us ideas on how you can make money. dennis: and, a a look at oil. (announcer) at scottrade, our clients trade and invest exactly how they want. with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because
FOX Business
Feb 11, 2013 1:00pm EST
're undervalued on our analysis. if we're right about the economic environment starting to stablize some of that undervaluation will close in the coming year. ashley: very good. lots of information. michael jones, thanks so much for joining us. we appreciate it. >> my pleasure. tracy: here at home, president obama's state of the union address tomorrow night. he is expected to pivot back to the economy. this sound a little like yogi berra's deja vu all over again. you're not alone. rich edson in washington with the details. rich, where has he been that is not on the economy. >> well the administration says the state of the union will be a focus on jobs and the economy as the president has been discussing for the last couple of weeks and real emphasis on gun control and immigration reform and a second inaugural address was more about overreaching defense or overarching defense of liberal policies and progressivism. the prompted the republican national committee to say obama is pivoting back to the economy for the past five years as the white house has announced that as a focus repeatedly.
FOX Business
Feb 12, 2013 9:20am EST
environment to get that 2 trillion in cash overseas at corporations home into the united states. that's the theme. stuart: the market likes it. the dow just hit 14,000 again. we're up 30 points as we speak. by the way, in the last year alone, the government spent more than 2 billion dollars on free cell phones for the poor. that money comes from a fee on your cell phone bill. surprise, surprise, a lot of the people getting the phones cannot prove their eligibility. judge napolitano on that. what is he going to say about fraud and waste? i know what he's going to say. he will be on the air at 10:35 this morning. and now whenever we have a celebrity on our show, we like to ask, how do you feel about paying half your income in taxes? today we have award winning actress and long time president obama supporter eva longoria who is with ussfrom the new york stock exchange. ms. longoria, welcome to the program. it is very good to have you with us. >> thanks for having me. stuart: you have been all over our show this morning saying that the actress, eva longoria does not need a tax break. that
FOX Business
Feb 15, 2013 11:00am EST
expenses in line. you realize you get revenue by having a benign tax environment. most of the revenue comes from growth. if you want to see a vivid contrast, look at europe. their country has been dramatically raising taxes. they are going into ever deeper recession. japan is in recession. look at our own history. early 1980s. america had a great film. connell: what about our economy now? we have added jobs. a couple hundred thousand a month. this and that. will that be something that picks up for the rest of the year? they will have these debates in washington. some would argue because we start to cut spending more, that will only hurt growth. >> cutting spending actually helps the economy. the resources come through taxation, borrowing or printing of money. you are moving resources from productive people putting it in the hands of politicians and we know what happens about that. that year will be hurt by what we did in january. everyone got hit. connell: everyone did feel that. steve, thank you, as always. it may be time to say goodbye to honest abe. the penny, costing more to mint there
FOX Business
Feb 18, 2013 1:00pm EST
years we talked about learning for the sake of learning. you can look at the environment, the collision of those different environmental issues i brought about earlier. the jobless economic recovery. student debt, government resource, et cetera, without saying, how do we put the money where we get the most bang for the bucks a the president says. tracy: right. >> that is clearly on career education, giving students, whether they be out of high school or be adults coming back to school, the opportunity to get those skills that will allow them to improve their job. tracy: right. >> there is quick statistic i love to tell people. if you have an associate degree versus a high school diploma, you are going to earn between 425,000 and a half million dollars more in life-time earnings. education works. but education with a career or occupational focus works really well. tracy: yeah, exactly. steve gunderson, thanks for being with us, representative. >> thank you. tracy: maybe colleges don't need a sushi bar, right? ashley: maybe not. tracy: i don't know. that's what you're paying for. ashley:
FOX Business
Feb 12, 2013 1:00pm EST
? >> in a slow growth environment, people still have two put bandages on. they still have to brush their teeth and wash their hair. look at the results of consumer product companies that have been terrific. balance sheets, they have cash to buy back their securities, pay higher dividends, they have the flexible it is. those stocks trading 13 times earnings in europe 12 times earnings paying high dividends in the field is to be a multiple expansion. tracy: unfortunately we have to run, we will have to have you back to talk about those. thank you. ashley: all right, let's talk about one of the biggest parties on earth in full swing down in southern louisiana. mardi gras last day to celebrate before ash wednesday kicks off the season of sacrifice leading up to easter. also on the economic boost in new orleans. more than three week party attracts a million people to the big easy. new orleans 30,000 hotel rooms on 95% booked for mardi gras featuring 70 different parades. if you miss one, don't worry, another one coming around. this made to give new orleans economic boost between 300 300-$900 millio
FOX Business
Feb 12, 2013 9:00pm EST
on his thoughts. i imagine peter, he will not flip over that particularly in this kind of environment, higher minimum wage to businesses that are struggling is advisable but we'll see what happens there. you know, when looking at this, you know, pageantry, rich edson, the president enjoys a 50 plus percent approval rating. but when it comes to americans and the direction of this country, close to 56% don't like the direction it is going. furthermore, six out of 10 americans don't think things will look much better for their kids. so he to fight a tide that says, we re-elected you, we kind of like you, we don't flip over you, we don't flip over the country's fortunes. that is a delicate balancing act, isn't it? >> it is. not like the campaign we're coming off was one of the more positive campaigns in american history though few are these days. there are number of challenges we face. people don't feel very good about the direction of the economy. the economy is improving only marginally, slowly. in fact with the sequestration cuts and the tax increases there are expectations we could se
Search Results 0 to 39 of about 40 (some duplicates have been removed)